The Fed's Intention to Break Things Is a Cause of the Deposit Crisis

The Fed will continue to increase rates this is a story we've heard many times before increase uh tightening policy actions until something breaks. When the yield curve is inverted a lot of behaviors change including how banks are incentivized and it sucks money out of the system like Andre Esteno Larson said. The stuff breaking is kind of like the evidence that okay we're probably in restrictive territory now we're probably getting close to tightening enough, Brent says.